A little end-of-summer reading.

A friend pointed me to this post with a great quote from Tom Vanderbilt’s Traffic:

When Costco discounts televisions during its Christmas shopping promotions, pricing them so low that stores do not make a profit, what happens? There are huge lines at the door at five a.m. When cities provide roads that are priced so low that they lose money on them, what happens? There are huge lines on the highway at five a.m.